NOT LISTED FOR SALE

193 Lower Buoy Bay Rd Orcas, WA 98280

Estimated Value: $771,000 - $901,000

3 Beds
2 Baths
1,424 Sq Ft
$577/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $625,000 $439 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,692/month

52 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Bay View
  • Hydromassage or Jetted Bathtub
  • Orcas Island High School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of September 2020

Rustic beachfront cabin in intimate (9 houses) condo community on Buoy Bay offers breathtaking SE marine and Mt. Baker views and 50' of walkout waterfront just steps from your deck. 3 BR, 2 BA house was remodeled in 2003 and has room for friends. On 1/2 acre with space for adding a garage/studio/etc. 32 -acres of commonly-owned forested land ensure privacy. A rare opportunity to have the beachfront experience you've always dreamed of.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1963

Lot Details

  • 0.5 Acre Lot
  • 50 Feet of Waterfront
  • Dirt Road
  • Street terminates at a dead end
  • Level Lot
  • Property is in good condition

Parking

  • Off-Street Parking

Property Views

  • Bay
  • Mountain

Home Design

  • Cabin
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,424 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Orcas Elementary School
  • Orcas Isl Mid Middle School
  • Orcas Isl High School

Utilities

  • Propane
  • Water Heater
  • Septic Tank
  • Septic System

Community Details

  • Built by Thomas Hutchison
  • Olga Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 161049003000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,020

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1963
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1424
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Jetted Tub, Water Heater
  • Living Area: 1424
  • Main Level Bedrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1424
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Range/Oven,Washer

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s)
  • Lot Features: Dead End Street, Dirt Road
  • View: Yes
  • Waterfront: Yes
  • Builder Name: Thomas Hutchison
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false
  • ConstructionMethods: Standard Frame
  • WaterfrontFootage: 50

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available
  • PowerCompany: Opalco
  • SewerCompany: Septic
  • WaterCompany: Doe Bay
  • WaterHeaterLocation: bathroom
  • WaterHeaterType: propane on demand

Condo/Co-op/Association

  • Community Features: CCRs, Community Waterfront/Pvt Beach
  • Common Interest: Residential

Schools

  • Junior High Dist: Orcas Island
  • High School: Orcas Isl High
  • Middle Or Junior School: Orcas Isl Mid

Lot Info

  • Parcel Number: 161049003000
  • Topography: Level
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Propane
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 3984
  • Tax Annual Amount: 2020

MLS Schools

  • Elementary School: Orcas Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Aug 17, 2020
Sold by
Laramore Nina
Bought by
Johnson Alexa and Johnson Steve
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%
Current Estimated Value
$821,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,802
Avg. Annual Appreciation
5.47%
Original Mortgage
$500,000
Outstanding Balance
$442,708
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$379,094

Purchase Details

Closed on
Jan 30, 2009
Sold by
Laramore Darryl D
Bought by
L Darryl and Joyce L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Alexa $625,000 Sun Juan Title Llc
L Darryl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Alexa $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $625,000 -7.4% $439 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $675,000 0.0% $474 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $675,000 -- $474 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,163 $759,190 $336,280 $422,910
2023 $4,163 $764,860 $336,280 $428,580
2022 $4,444 $699,430 $336,340 $363,090
2021 $3,947 $594,660 $280,280 $314,380
2020 $3,985 $505,920 $280,280 $225,640
2019 $3,253 $497,830 $280,280 $217,550
2018 $3,329 $523,540 $401,910 $121,630
2017 $2,958 $415,740 $280,280 $135,460
2016 $2,775 $407,340 $280,280 $127,060
2015 $2,775 $409,820 $280,280 $129,540
2014 $2,775 $419,520 $280,280 $139,240
2012 $2,775 $405,230 $265,180 $140,050
Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1599222

Northwest Multiple Listing Service (NWMLS)

APN: 161049-003-000